Economy & FinancePolitics
Belgium Faces 10 Billion Budget Gap as Bond Rates Surge
Belgium's De Wever government must find 10 billion euros by 2029 as bond rates hit 12-year highs, squeezing the coalition's fiscal plans.
—5 min read
Category
Economy & Finance
30 articles
Economy & Finance
China Keeps Loan Prime Rates Unchanged for 15th Month
China's central bank holds benchmark lending rates steady for a 15th consecutive month as 1-year LPR stays at 3.0% and 5-year-plus LPR at 3.5%.
—4 min read
Economy & Finance
Belgian Borrowing Costs Hit 14-Year High
Belgium's 10-year bond yield exceeds 3.8%, the highest since 2012, as rising interest costs pressure an already strained federal budget and public debt.
—6 min read
Economy & Finance
China Issues 800B Yuan Policy Financial Instrument Plan
China issues implementation plan for 800B yuan policy financial instrument with first-time interest subsidies and increased focus on private investment.
—5 min read
Economy & Finance
Zucman Tax Explained: Why Tax the Ultra-Wealthy?
The Zucman tax proposes a 2% minimum wealth tax on fortunes over €100M. Here's why it's being debated and who would be affected.
—6 min read
Economy & Finance
China Issues 15B Yuan Sovereign Bonds in Hong Kong
China's Ministry of Finance raises 15 billion yuan in Hong Kong sovereign bonds with 4.67x bid-to-cover ratio, advancing RMB internationalization.
—4 min read
Economy & Finance
Gold Price Slump Exposes Luxury Gold Brand Vulnerabilities
As gold prices fall over 28% from peak, Laopu Gold's premium pricing model faces its biggest test, with Q2 revenue down 76-87% and stock plunging 70%.
—6 min read
Economy & Finance
China's Financial Leasing Assets Hit 5.23 Trillion Yuan
China's financial leasing industry reached 5.23 trillion yuan in total assets in 2025, up 7.89%, with tech-driven leasing segments surging.
—4 min read
Economy & Finance
Shanghai Investor Loses 3.36M Yuan in One Month of Trading
A Shanghai investor lost 3.36 million yuan in one month of leveraged trading, exposing the dangers of margin speculation in China's tech sector.
—4 min read
Economy & Finance
Trump Accounts: What Families Should Know
Trump Accounts launched July 4 with $1,000 seed money for eligible kids. Here's what families should consider before signing up.
—5 min read
Economy & FinanceTechnology
China Economy Shows Steady Growth in Trade, Robotics, Tech
China reports robust economic data: 8,000 freight trains, 900 billion yuan in robotics revenue, and a breakthrough in high-precision measurement.
—4 min read
Economy & Finance
China's Express Delivery Tops 100 Billion Parcels in 2026
China's express delivery volume exceeded 100 billion parcels by June 30, 2026, reaching the milestone nine days earlier than last year.
—4 min read
Economy & Finance
China Completes $27.6B Bond for Equipment Upgrades
China allocates 200 billion yuan in ultra-long special treasury bonds for equipment upgrades across 22 sectors, completing the final batch of 2026 funding.
—4 min read
Economy & Finance
Shanghai Emerges as Offshore Yuan Hub, Testing Hong Kong
Beijing's push to develop Shanghai as an offshore yuan trading center raises questions about Hong Kong's future as the premier offshore yuan hub.
—5 min read
Economy & Finance
Belgium to Sell 20% Stake in Belfius Bank for €2 Billion
Belgium launches partial privatization of Belfius Bank, selling a 20% stake to raise €2 billion. Analysis of the trade-offs and impact on national debt.
—4 min read
Economy & Finance
China Audit Reprimands Major Banks Over Tech Loan Failures
China's top auditor reprimanded ICBC, CCB, Bocom and CITIC Bank for mismanaging billions in tech loans, revealing systemic failures in innovation lending.
—5 min read
Economy & Finance
Housing Crisis, New Fed Chair, North Dakota Tax Revolution
Income needed to buy a home has nearly doubled since 2020, Kevin Warsh takes over the Fed, and North Dakota emerges as a tax-friendly contender.
—6 min read
Economy & FinancePolitics
North Dakota Emerges as America's Most Tax-Friendly State
North Dakota is emerging as a contender to surpass Texas and Florida as the most tax-friendly state, thanks to billions in oil revenue.
—4 min read
Economy & Finance
China's May Bank Lending Beats Forecasts as Credit Rebounds
China's May bank lending exceeded expectations at 520 billion yuan, driven by corporate bill financing, while household deleveraging persisted.
—4 min read
Economy & Finance
PBOC Unveils Rules for Large-Value Certificates of Deposit
China's central bank unveils draft rules for large-value CDs, codifying a 200,000 RMB minimum and adding new pricing benchmarks to strengthen oversight.
—5 min read
Economy & FinanceTechnology
China Overhauls Major Indices to Favor AI and Chip Stocks
China overhauls major stock indices to boost AI and semiconductor weightings, triggering $48 billion in passive flows as Beijing pushes tech self-reliance.
—4 min read
Economy & Finance
China Unveils Sweeping Overhaul of $3.4T Fund Industry
China's State Council tightens oversight of the $3.4 trillion private fund industry, targeting illegal fundraising and channeling capital into tech.
—5 min read
Economy & Finance
China's Service Trade Grows 4.9% in Jan-Apr 2026
China's service trade hit 24,853.2 billion yuan in Jan-Apr 2026, up 4.9%. Exports surged 15% as the trade deficit narrowed, signaling improvement.
—4 min read
Economy & Finance
China's Fund Industry Hits 85 Trillion Yuan, Global No. 2
China's fund industry asset management scale exceeds 85 trillion yuan, making it the world's second-largest fund market, CSRC Chairman Wu Qing announced.
—4 min read
Economy & Finance
China Tightens Oversight of $3.4 Trillion Fund Sector
China's State Council tightens oversight of the $3.4 trillion private fund industry, targeting illegal fundraising and systemic risks.
—4 min read
Economy & Finance
Belgian Court of Audit: 15-20 Billion Needed to Cut Deficit
Belgium's Court of Audit warns 15-20 billion euros are needed to reduce the budget deficit to the EU-mandated 3% threshold.
—4 min read
Economy & Finance
Belgian State Bonds and Tak 21 Rates Rise: Guide for Savers
New Belgian state bonds offer up to 2.31% net and Tak 21 products guarantee 3% in year one. We compare costs, taxes, and returns for low-risk savers.
—4 min read
Economy & Finance
Robot-Themed ETFs Surge to 57.4 Billion Yuan in China
China's 13 robot-themed ETFs reach 57.4 billion yuan total scale, driven by policy support, strong earnings and mass production milestones.
—4 min read
Economy & Finance
Fitch Affirms Belgium's A+ Rating with Stable Outlook
Fitch Ratings affirms Belgium's long-term credit rating at A+ with stable outlook, providing reassurance despite budget challenges and coalition talks.
—4 min read
Economy & Finance
Belgian Mortgage Rates at 12-Year High, Costing Buyers €30K
Belgian mortgage rates hit 4.13%, a 12-year high. Homebuyers pay €30,000 more in interest on a typical loan, adding pressure to the housing market.
—4 min read